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20121014
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these devastating defense cuts because what that does, when we ekwiv cate on our values, show that we're cutting our own defense, it makes us more weak, it projects weakness. when we look weak our adversaries are willing to test us and our allies are willing to test -- >> with all due respect that's a bunch of mularkemularkey. not a single thing he said is accurate. >> be specific. >> i will be very specific. number one, this lecture on embassy security, the congressman here cut embassy security in his budget by $300 million below what we asked for. number one. so much for the embassy security piece. number two, governor romney, before he knew the facts, before he even knew that our ambassador was killed, he was out making a political statement which was panned by the media around the world. an this talk about this weakness, i don't understand what my friend is talking about here. we -- this is a president who's gone out and done everything he has said had he was going to do. this is a guy who's repaired our alliances so the rest of the world follows us again. this is a guy who brought the entire wo
of the commercial aviation industry has grown out of defense spending. all of the health care innovation has grown out of the n.i.h. >> in his ten years as ceo, immelt has remade g.e., selling off half the company he inherited, including plastics, insurance, and nbc. >> oh, my god. >> they're selling nbc to a company called kabletown... with a "k." >> at the same time, he has refocused the company on manufacturing, bulking up units like transportation, energy, and research and development. as jobs czar, he's urging his fellow ceos to double their hiring of engineers and devote more money to r&d. at g.e., he's triple-spending on everything from medical research to green technology, including the building of a solar panel factory in the u.s., even as other american solar companies are folding. is this something that's incredibly risky for you? >> in g.e., this is extremely low risk because we have good technology and we have scale. the crime for us is when we don't do things like that. we ought to be percolating 20 $1-billion businesses all the time that can grow inside our system. >> but even while
Search Results 0 to 2 of about 3 (some duplicates have been removed)